Duplex with Built-In
For Sale
$999,000
1930 E 28th Street, Brooklyn, NY 11229
Residential, Brooklyn, NY
Property Size2,280 SF
Lot Size0.06 Acres
Price / SF$438.16
Days on Market29
Property Features for 1930 E 28th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Bathroom 1
Subdivision
Marine Park
Standard status
Active
Size
2,280 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
11108
Building Details
Year built
1930
Floors in Building
3
Flooring type
Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
Ashford Homes LLC
Listed By:
Christina T. Liang
(929) 364-1301
Added: Sep 29
Changed: Oct 21
Last Checked: Oct 27 at 5:06AM
MLS# 504950
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1930, this 2,280-square-foot brick duplex property contains two residences. The upper unit is arranged as a four-bedroom duplex, while a one-bedroom apartment occupies the lower level. Hardwood flooring, a flat roof, and a built-in one-car garage are among the property’s existing features. The lot measures 0.0643 acres, and the zoning designation is R4.
The property is in Brooklyn, with everyday shopping and local restaurants in the area. Kings Plaza mall and Marine Park are nearby, and bus service is available through several lines.
The property is in Brooklyn, with everyday shopping and local restaurants in the area. Kings Plaza mall and Marine Park are nearby, and bus service is available through several lines.
Key Highlights
- Two residential units: a four‑bedroom duplex and a one‑bedroom lower‑level apartment
- 2,280 square feet of building area
- Built‑in one‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,849
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,596,980
$1.6M
Cap Rate 7%
$1,140,700
$1.1M
Cap Rate 9%
$887,211
$887.2K
Market Conditions
NOI Build-Up for 2,280 SF
Gross rent
$116.3K $51.00/SF
− Vacancy
−$2.2K −$0.97/SF
EGI
$114.1K $50.03/SF
− OpEx
−$34.2K −$15.01/SF
NOI
$79.8K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,596,980
Cap Rate 7%
$1,140,700
Cap Rate 9%
$887,211
Alternative Uses
Best Use
Multifamily LT 5
$1.14M
$998.1K – $1.33M
NOI $79,849 @ 7.0% cap · market cap 7.99%
Second Best
Apartment 5plus
$994.4K
$870.1K – $1.16M
NOI $69,606 @ 7.0% cap · market cap 6.97%
Theoretical Best
Specialty Retail
$1.89M
$1.65M – $2.20M
NOI $132,149 @ 7.0% cap · market cap 13.23%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,218
Businesses Nearby
Explore this area
Business Placement
Demographics for 11229, NY
83,669
Population
33,353
Households
2.5
Avg Household Size
40
Median Age
41%
College-Educated
88%
High-School Grad
2.0 sq mi
ZIP Area
41,835
Density / Sq Mi
$72,556
Median Household Income
$52,948
Median Earnings
$1,666
Median Rent
$812,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The brick property combines a multi-level primary residence with a separate apartment below.
Where is this duplex located?
The property is located at 1930 E 28th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two residential units: a four‑bedroom duplex and a one‑bedroom lower‑level apartment; 2,280 square feet of building area; Built‑in one‑car garage
